Electric 3 wheeler Market Share, Trends | Forecast [2030]
The Electric 3 wheeler Market Size is projected to grow from USD 1.3 billion in 2024 to USD 1.5 billion by 2030, registering a CAGR of 2.2%.
The electric 3 wheeler market has experienced notable growth in recent years, attributed to several factors including escalating fuel prices, government incentives, and the introduction of innovative technologies. As governmental regulations become increasingly...
Electric Vehicle Market Set to reach $951.9 billion by 2030
The global EV market is projected to grow from USD 388.1 billion in 2023 to USD 951.9 billion by 2030, registering a CAGR of 13.7%.
The electric vehicle (EV) market is experiencing a remarkable surge in growth, revolutionizing the global automotive industry. With an increasing focus on sustainability and reducing greenhouse gas emissions, governments and consumers alike are embracing the transition...
Electric Vehicle Market – Latest Trends & Industry Vision By 2030
The global Electric Vehicle Market size is projected to grow from 8,151 thousand units in 2022 to 39,208 thousand units by 2030, at a CAGR of 21.7%.
Factors such as growing demand for low-emission commuting and governments supporting long-range, zero-emission vehicles through subsidies & tax rebates have compelled the manufacturers to provide electric vehicles around the world. The rapidly growing...
EV Cables Market is Booming: Explore Opportunities!
EV cables
perform different functions in electric vehicles as they aid in
signal transmission and powering up of different electronic and electrical
devices. They are also used to set up electrical circuits in electric vehicles
and are designed to operate in extreme conditions effectively.
The global EV Cable Market is expected to register significant growth during the forecast period. It is estimated...
Electric Commercial Vehicle Market Boom in Near Future!
The Global Electric Commercial Vehicle Market size is expected to grow from approximately 129 thousand units in 2020 to reach 2,026 thousand units by 2028, at a CAGR of 41.1%.
Factors such as rise in pollution and environmental hazards, stringent government regulations, and stiff competition have compelled automotive OEMs to make fuel-efficient and environment-friendly vehicles.
OEMs worldwide...
Solar Vehicle Market: Opportunities, Trends, and Analysis
The rapidly evolving automotive industry has provided advanced solutions in transport applications. The inception of solar and electric vehicles has proven to be the best alternative to shift from fossil fuel cars. Also, the mass production of electric vehicles by OEMs due to the high adoption rate across the globe has led to the rapid development of solar panels to be integrated over vehicles.
The...
Attractive Opportunities in the Electric Commercial Vehicle Market
The Global Electric Commercial Vehicle Market size is expected to grow from approximately 261 thousand units in 2020 to reach 1,890 thousand units by 2027, at a CAGR of 32.7%. Factors such as a rise in pollution and environmental hazards, stringent government regulations, and stiff competition have compelled automotive OEMs to make fuel-efficient and environment-friendly vehicles.
OEMs worldwide...